CAclubindia News


ICAI releases Exposure Draft on Accounting Standards for LLPs

   28 October 2023 at 08:53

Exposure Draft on Accounting Standards for Limited Liability Partnerships

Posted in Corporate Law |   4062 Views


GSTN releases Advisory related to changes in GSTR-5A

   28 October 2023 at 08:52

Notification 51/2023 dated 29.09.2023 has introduced Table 5B in GSTR 5A w. e. f 01.10.2023. In this notification, Table 5B has been introduced to report supplies made to Registered GSTINs (B2B supplies)

Posted in GST |   3459 Views


Supreme Court Seeks Finance Ministry's Response on Revised GST Returns

   27 October 2023 at 08:55

The Supreme Court has recently issued a notice in a Writ Petition seeking the availability of an option for revised returns on the GSTIN Portal.

Posted in GST |   11058 Views


GST Notices: Tax Authorities Must Address Taxpayer Concerns

   27 October 2023 at 08:55

In recent weeks, the central and state GST authorities have issued demand notices to a large number of companies spanning various sectors, including consumer durables, smartphones, insurance, online gaming, and service providers.

Posted in GST |   2787 Views


Income Tax Department Launches 360-Degree Profiling of HNI Tax Evaders

   27 October 2023 at 08:53

The Income Tax Department is all set to crack down on high net worth individuals (HNIs) who underpay their taxes.

Posted in Income Tax |   23577 Views


Teacher Falls Victim to PAN Card Update Scam, Loses Rs 3.82 Lakh

   27 October 2023 at 08:50

A 36-year-old preschool teacher in Mira Road lost over ₹3.82 lakhs to cybercrooks who posed as bank officials.

Posted in Income Tax |   6345 Views


Police Conduct Raid on GST Inspector's Quarters with Magistrate's Warrant

   26 October 2023 at 08:40

Standoff Over Gold Smuggling Investigation Escalates: Police Raid GST Inspector's House Amid Legal Controversy

Posted in GST |   8514 Views


ICAI Implements UDIN Archiving to Optimize Server Load

   26 October 2023 at 08:39

It has been decided to archive UDINs after one year of their generation to ease off the load on the servers.

Posted in Professional Resource |   6264 Views


GST Officials Issues Rs 1 Lakh Crore Tax Notices to Online Gaming Companies

   25 October 2023 at 13:20

In a significant development, the GST authorities in India have initiated a sweeping crackdown on the online gaming industry, with show cause notices amounting to an astounding Rs 1 lakh crore issued to various companies for alleged tax evasion.

Posted in GST |   4935 Views


Bombay HC Admits Petitions Challenging GST Demand of Rs 11K Crore for Casino Operations

   25 October 2023 at 08:31

In a significant legal development, the Bombay High Court at Goa has admitted three petitions challenging a show-cause notice issued by the Director of Revenue Intelligence, which seeks a whopping GST amount of Rs 11,139 crore

Posted in GST |   4830 Views



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